Procurement Templates
FEBRUARY 26, 2024
How can Neuroplasticity help procurement professionals? It helps those who might think this is who I am, the way I think can’t be changed its innate, my thought process, my beliefs and I can’t or don’t want to change. However, there are times where being stuck with our own version of the truth with no divergence for alternative ways of thinking is too singular and too restrictive.
Procurement Leaders
FEBRUARY 26, 2024
A few weeks ago, a LinkedIn post from one of our members provided a tantalising and hopeful glimpse into the future. This might be a bold claim but when Amanda Davies, Chief Procurement & Sustainability Officer at Mars Wrigley, announced that she was adding R&D to her remit to become Chief R&D, Procurement & Sustainability Officer, it provided a welcome reminder of the opportunity we have as a function.
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All Things Supply Chain
FEBRUARY 26, 2024
The global supply chain landscape is experiencing a significant shift, with more and more companies looking to bring production and manufacturing activities closer to home.
Supply Chain Dive
FEBRUARY 26, 2024
Second Chance Program filled a role few individuals wanted and gave a now-former inmate a fresh start.
Advertiser: GEP
2025 will feel familiar, in some regards. The procurement and supply chain category management landscape will remain turbulent, with geopolitical tensions, worries over fresh tariffs, rising costs, and supply chain disruptions posing significant challenges. But you should also expect some lightning-fast changes in 2025 as artificial intelligence continues to upend the way enterprises and procurement, supply chain, and category management professionals operate.
Supply Chain Brain
FEBRUARY 26, 2024
Integrating AI and digital twins is actually quite useful and simple. Here are five ways these technologies can revolutionize warehouse operations in 2024.
Supply Chain Dive
FEBRUARY 26, 2024
Members, such as Boeing and Airbus, formed the group after a supplier was caught selling unapproved parts.
Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
Spend Matters
FEBRUARY 26, 2024
This is the first in a three-part series that covers Fairmarkit’s sourcing offerings. The Pareto principle, named after the Italian economist and sociologist Vilfredo Pareto, states that if focused properly, 20 percent of one’s actions leads to 80 percent of the results. Procurement teams commonly follow this principle to prioritize activities and define focus areas to maximize return on investment.
IBM Supply Chain Blog
FEBRUARY 26, 2024
This week, as thousands of network operators, technology vendors, and mobile device providers from all over the world converge on Barcelona for Mobile World Congress , it’s the perfect time to discuss how IBM® is shaping the future of network operations and telecommunications. Outside the glitz of new phones, connected cars and 5G with everything, there are some real challenges the industry must address.
Spend Matters
FEBRUARY 26, 2024
Part 3 of this Spend Matters Vendor Analysis 2024 focuses on delivering a detailed look into Fairmakit’s sourcing solution and concludes with an analyst summary. Part 1 delivers an overview of the company’s background, its general capabilities, a SWOT analysis and the competitive landscape. Part 2 looks at the solution’s strengths and weaknesses and offers user considerations.
IBM Supply Chain Blog
FEBRUARY 26, 2024
The financial services industry has been in the process of modernizing its data governance for more than a decade. But as we inch closer to global economic downturn, the need for top-notch governance has become increasingly urgent. How can banks, credit unions, and financial advisors keep up with demanding regulations while battling restricted budgets and higher employee turnover?
Advertiser: ZoomInfo
Incorporating generative AI (gen AI) into your sales process can speed up your wins through improved efficiency, personalized customer interactions, and better informed decision- making. Gen AI is a game changer for busy salespeople and can reduce time-consuming tasks, such as customer research, note-taking, and writing emails, and provide insightful data analysis and recommendations.
Spend Matters
FEBRUARY 26, 2024
Part 2 of this Spend Matters Vendor Analysis 2024 focuses on the strengths and weaknesses of Fairmarkit’s sourcing solution. It also suggests elements to consider when looking at Fairmarkit as a potential option. Part 1 of the series provides a history and overview of Fairmarkit’s sourcing solution, a company-level SWOT analysis and profiles of its competitors.
Supply Chain Dive
FEBRUARY 26, 2024
The retail giant's CFO credited the improvements in part to "densifying the last mile" by delivering more packages per route.
IBM Supply Chain Blog
FEBRUARY 26, 2024
Network service outages happen. It’s not a matter of if but when. Cloud platforms and content delivery networks (CDNs) with 100% uptime SLAs aren’t immune. They experience outages just like everything else. The question is: what do you do when one of your network services goes down? Will the lack of redundant services knock you offline? Or will you failover to another provider, maintaining a seamless user experience?
Supply Chain Dive
FEBRUARY 26, 2024
Rail demurrage fees can eat into your bottom line. Here are four steps you can take to avoid demurrage fees today.
Advertiser: GEP
For years, you and your team have fought an uphill battle. Supply disruptions. Cost pressures. ESG compliance. You name it, and you’ve had to navigate it. In 2025, many challenges will persist, but procurement and supply chain teams have a powerful tool with rapidly advancing capabilities to tackle them — artificial intelligence (AI). The GEP Outlook 2025 report examines the disruptive transformation AI is driving in procurement and supply chains, alongside other key trends and the macroeconomic
Procurement Insights
FEBRUARY 26, 2024
“It’s very important to understand what motivates the person across the table from you,” says Ms. Gamble of the skills she learned while working for the border agency. – Shauna Gamble, The Globe And Mail (February 20th, 2024) In an article rich with insights such as the importance of having mentors, taking risks, and broadening your work experience beyond the procurement department, the common thread of success is the ability to understand what motivates the people with whom you work and d
Supply Chain Trend
FEBRUARY 26, 2024
Hi all, Next week Tuesday March 5th, I’ll be holding a webinar about moving from Data Centric to Decision Centric thinking. Decision Centricity is a key element of decision intelligence. Only when you think decision back, you can orchestrate the whole data to action process, digitize it and then augment or automate decisions. If you only think data forward, you can’t operationalize decisions at scale.
Supply Chain Brain
FEBRUARY 26, 2024
As grocery retailers navigate inflation and workforce retention, optimizing supply chains and pricing strategies becomes crucial.
SCMR (Supply Chain Management Review)
FEBRUARY 26, 2024
Nearshoring efforts and climate impacts regularly disrupting supply chains are just two of the challenges facing the life sciences supply chain, and lives are at stake if it fails.
Advertiser: ZoomInfo
In today’s ultra-competitive markets, it’s no longer enough to wait for buyers to show obvious signs of interest. Instead, sales teams must be proactive, identifying and acting on nuanced buyer behaviors — often before prospects are fully ready to make a purchase. In this eBook from ZoomInfo & Sell Better, learn 10 actionable ways to use these buyer signals to transform your sales strategy and close deals faster.
Supply Chain Brain
FEBRUARY 26, 2024
The supply chain problems are expected to be exacerbated next month as China begins shipping again in earnest after its annual pause for the two weeks of lunar new year celebrations.
Let's Talk Supply Chain
FEBRUARY 26, 2024
Today I’m joined by award-winning supply chain brand OneRail. OneRail is a leading omnichannel fulfillment solution, pairing best-in-class software with logistics as a service, to provide dependability and speed to help businesses meet their delivery promise. With a real-time connected network of 12 million drivers, OneRail matches the right vehicle for the right delivery so brands lower expenses and increase capacity to rapidly scale their businesses.
Supply Chain Brain
FEBRUARY 26, 2024
The U.S. planemaker was faulted for ineffective procedures and a breakdown in communications between senior management and other members of staff.
Barkers Procurement
FEBRUARY 26, 2024
In 2012 I read a life-changing book called Collapse – Why Civilisations Choose to Fail, by Jarrod Diamond. The book discussed societies such as Easter Island and posed the question – what was the collective reasoning for consuming the entire island’s timber stocks and thus condemning a society to fail? Within the book Diamond also went on to discuss current day Australia, China and humanity’s insatiable appetite for consumption.
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In this webinar, supply chain industry experts share insights and best practices for enhancing supply chain efficiency, resilience and adaptability. Watch the webinar to learn strategies to develop supply chain maturity and save on costs. Delve into the stages of supply chain maturity, from foundational management to advanced optimization and innovation.
Supply Chain Brain
FEBRUARY 26, 2024
Oil deliveries have generally become more long-distance since a reshuffling of global oil flows following Russia’s invasion of Ukraine.
ContractSafe
FEBRUARY 26, 2024
All the data we have seen, including our own research for our confirms that you’re in good company if you are feeling overwhelmed by contracting volumes. The vast majority of Legal teams are desperately seeking ways to solve the challenge of having limited capacity to scale. Everyone in this boat is hoping for a magic bullet to reduce the legal workload and increase business satisfaction.
Negotiations Ninja
FEBRUARY 26, 2024
While Mario Martinez was with Sprint, he’d been working with a Fortune 10 company for years. He built out a wireless infrastructure in their corporate offices. He created a system where employees could become customers through an online portal versus paper forms.
CPO Rising
FEBRUARY 26, 2024
In last week’s article, we looked at what makes direct materials special and their unique established requirements, particularly when focusing on eSourcing. In today’s article, we continue to investigate direct materials management, or perhaps more specifically, the management of direct materials suppliers and the solution functionality to properly manage them.
Advertiser: ZoomInfo
As prospects define their problem, search for solutions, and even change jobs, they are generating high-value signals that the best go-to-market teams can leverage to close more deals. This is where signal-based selling comes into play. ZoomInfo CEO Henry Schuck recently broke down specific ways to put four key buying signals into action with the experts from 30 Minutes to President’s Club.
IBM Supply Chain Blog
FEBRUARY 26, 2024
In January of 2024, Meta CEO Mark Zuckerberg announced in an Instagram video that Meta AI had recently begun training Llama 3. This latest generation of the LLaMa family of large language models (LLMs) follows the Llama 1 models (originally stylized as “LLaMA”) released in February 2023 and Llama 2 models released in July. Though specific details (like model sizes or multimodal capabilities) have not yet been announced, Zuckerberg indicated Meta’s intent to continue to open sou
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